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Finder File Edit View Go Window Help 9656 )Thu Jun 14 10:39 PM Alex ezto.mheducation.com Home alamo.edu McGraw-Hill Connect Chapter 3 Exercises Silver Company manufactures kites and has the following information available for the month of April: Work in process, April 1 (100% complete for materials, 42% for conversion) 32,000 units Direct materials Conversion cost $41,000 $ 47,000 Number of units started 81,000 units April costs Direct materials $ 106,000 $ 167,000 Work in process, April 30 (100% complete for materials, 25% for conversion) 37,000 units Required Using the weighted-average method, complete each of the following steps: 1. Reconcile the number of physical units worked on during the period Physical Units Physical Units Beginning Units Units Started Total Units 32.000 Units Completed 81,000 Ending Units 113,000 Total Units 2. Calculate the number of equivalent units. Equivalent Units Physical Units Direct Materials Conversion Units Completed Ending Inventory Total Units popcorntime apExplanation / Answer
Solution 1:
Solution 2:
Solution 3:
Solution 4:
Computation of Cost of ending WIP and units completed & transferred out - Weighted Average
Reconciliation of Physical units Particulars Physical Units Particulars Physical Units Beginning units 32000 Unit Completed 76000 Unit started 81000 Ending Units 37000 Total Units 113000 Total Units 113000Related Questions
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